NEW ZEALAND

Oil, gas leading the way for NZ

INDEPENDENT analyst Edison Investment Research has confirmed the New Zealand petroleum industry is not only the country's top investment sector but also the top exporter to its most important export market, Australia.

Oil, gas leading the way for NZ

"No other local sector comes close to matching this magnitude of investment in new productive capacity," Edison's 2012 New Zealand Petroleum Yearbook says, referring to the nearly $NZ7 billion ($A5.4 billion)...

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